The U.S. Federal Reserve just delivered its well-telegraphed 50 basis points increase in interest rates – a day after the consumer prices were reported to have eased further to 7.1%…
Investing
2022 has proved to be a roller-coaster year for the economy. After nearly a decade of artificially low-interest rates, and institutions such as the Fed failing to boost inflation to…
Homebuilder stocks went out of favour this year as the Fed moved to aggressively lift rates. But now that much of it is in the rearview mirror, it’s a suitable…
Pinterest Inc (NYSE: PINS) rallied this morning after a Piper Sandler analyst turned bullish on the image sharing platform citing “multiple tailwinds” for 2023. Pinterest stock should be worth $30…
Boeing Co (NYSE: BA) is in focus this morning after United Airlines Holdings Inc (NASDAQ: UAL) said it will buy 100 of its 787 Dreamliners – the largest order for…
Shares of Moderna Inc (NASDAQ: MRNA) are up nearly 25% on Tuesday after the biotech firm said its experimental vaccine for melanoma showed promising results in a small study. What’s…
Binance , the world’s dominant crypto exchange by a wide margin, is battling massive FUD (fear, uncertainty, doubt) – collectively bad press – amid the fallout that’s followed the collapse…
S&P 500 opened more than 2.0% up this morning after the U.S. Bureau of Labour Statistics said consumer prices weren’t up as much as expected in November. Cramer reacts to…
With the FOMC meeting just 2 days away, the Bureau of Labour Statistics released its much-awaited, final CPI print of the year. Overall inflation had eased to 7.1% YoY, from…
Bitcoin (BTC/USD) soared more than 5% on Tuesday morning following better-than-expected Consumer Price Index (CPI) data. Data released by the US Labour Department showed that November’s CPI rose just 0.1%…